Jiangsu Phoenix Property Investment Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Phoenix Property Investment has a total shareholder equity of CN¥5.3B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are CN¥8.1B and CN¥2.8B respectively.
Key information
30.2%
Debt to equity ratio
CN¥1.61b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥547.95m |
| Equity | CN¥5.32b |
| Total liabilities | CN¥2.83b |
| Total assets | CN¥8.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600716's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 600716's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥912.1M).
Debt to Equity History and Analysis
Debt Level: 600716's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 600716's debt to equity ratio has increased from 11.5% to 30.2% over the past 5 years.
Debt Coverage: 600716's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: Insufficient data to determine if 600716's interest payments on its debt are well covered by EBIT.